U.S. Marshals to Auction Luxury Estate in
Tulsa, Okla., That Belonged to Convicted Fraudster George David Gordon

WASHINGTON – A luxury estate in Tulsa, Okla.,
that belonged to convicted fraudster George David Gordon will be auctioned by a
U.S. Marshals contractor April 20 at 5 p.m. EDT. The auction will take place “on
the lawn” and simultaneously on the Web.

The 19-room property at 10726 S. Lakewood Ave.,
Tulsa, Okla., is valued in the millions and has a starting bid of $250,000.
Among the many features of this two-story estate are five bedrooms, six full and
four half baths, an indoor basketball court, theatre room, game room, a second
floor apartment with a private entrance and an outdoor living area with kitchen
and fireplace, heated pool, regulation size tennis court, pool and tennis house.
An open public inspection will be held Sunday from 1 to 4 p.m. CDT and two hours
before the auction April 20.

Gordon’s conviction in May 2010 included multiple
counts of securities and wire fraud and money laundering. He is currently
serving a sentence in a Texas federal prison with a scheduled release date in
2023. A federal judge ordered that Gordon’s former estate be forfeited to the
U.S. government in February. Proceeds from the auction will be deposited into
the U.S. Department of Justice Asset Forfeiture fund to compensate victims of
Gordon’s crimes.

The U.S. Marshals Service is responsible for
managing and selling seized and forfeited properties acquired by federal
criminals through illegal activities. Proceeds generated from asset sales are
used to compensate victims, supplement funding for law enforcement initiatives
and support community programs.